**Summary:**
On August 28, 2025, the Reserve Bank of India (RBI) conducted an overnight Variable Rate Reverse Repo (VRRR) auction. The notified amount for the auction was ₹75,000 crore. However, the total amount of offers received was ₹49,515 crore, and the RBI accepted the entire offered amount of ₹49,515 crore. The cut-off rate for the auction was 5.49%, and the weighted average rate was also 5.49%. There was no partial acceptance of offers received at the cut-off rate (NA). For further information, contact Ajit Prasad, Deputy General Manager, Communications Department, RBI at helpdocrbi.org.in or phone 022-2266 0502. The RBI's website is www.rbi.org.in.
Key Entities Referenced
August 28, 2025: Date of the Overnight Variable Rate Reverse Repo auction.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India, Location of the Central Office of the Reserve Bank of India.
Overnight Variable Rate Reverse Repo: A monetary policy instrument used by the Reserve Bank of India to absorb liquidity from the banking system for a short duration.
VRRR auction: Variable Rate Reverse Repo auction, a process conducted by the Reserve Bank of India to manage liquidity.
Shahid Bhagat Singh Marg: Location of Central Office, Reserve Bank of India
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
August 28, 2025
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on
August 28, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 75,000
Total amount of offers received (in ₹ crore) 49,515
Amount accepted (in ₹ crore) 49,515
Cut off Rate (%) 5.49
Weighted Average Rate (%) 5.49
Partial Acceptance Percentage of offers received at cut off rate NA
Ajit Prasad
Press Release: 2025-2026/981 Deputy General Manager
(Communications)